Moldova embarks on $6 billion modernization path: infrastructure, security, & justice reforms
Determined to accelerate modernization and progress, the Moldovan government has unveiled a comprehensive development plan spanning 2024-2026.
Encompassing over 100 initiatives and reforms, the blueprint prioritises critical infrastructure upgrades, enhanced security, and a revamped justice system.
Bridging Infrastructure Gaps: A central pillar of the plan is tackling infrastructure disparities. By 2026, 190 villages will be connected to a reliable water supply system, while vital roads, bridges, and the railway network will undergo thorough modernization. Strengthening the national electricity grid through the construction of approximately 200 kilometres of new power lines is also planned.
Bolstering Security and Defense: Recognizing the crucial role of security, the plan outlines strategic measures to bolster border control capabilities and modernise the country's defence resources. This emphasis aligns with Moldova's increasing focus on regional stability in the face of potential challenges.
Pursuing Judicial Reform: Transparency and efficiency within the legal system take centre stage, with the plan mandating external evaluations for approximately 170 judges and 230 prosecutors by 2026. This significant step aims to rebuild public trust in the judiciary and foster a more robust legal framework.
Empowering Entrepreneurship: Recognizing the vital role of small businesses in driving economic growth, the government pledges to invest 3.5 billion lei in supporting entrepreneurship and facilitating access to finance. This initiative paves the way for job creation and invigorated economic activity.
Ensuring Accountability: To guarantee effective implementation, the plan mandates rigorous monthly progress evaluations. With an estimated cost of 59 billion lei, the ambitious undertaking hinges on efficient resource allocation and sustained commitment from all stakeholders.
Moldova's development plan for 2024-2026 sets a bold agenda for the country's future. Its success will depend on meticulous execution, transparency, and sustained collaboration between the government, businesses, and citizens. Only then can this ambitious roadmap translate into tangible improvements for Moldova's infrastructure, security, and economic prospects.
Translation by Iurie Tataru
